The Organization of Production in National Iranian Oil Company: Application of the Theory Transaction Cost Economics

Elias Naderan; Mohammad Reza Shokouhi

Volume 2, Issue 8 , October 2013, , Pages 163-183

Abstract
  In this article we explain the production behavior in National Iranian oil Company (NIOC) from Transaction Cost Economics’ (TCE) view. The main question in TCE is vertical integration or build or buy decision. So we can analyse governance structure of NIOC for developing plans from buying (buy ...  Read More

Effect of Permanent and Transitory Volatility of Oil Prices on Investment, Output and Unemployment in the Economy of Iran

Ali Hossein Samadi; Ibrahim Hadian; Mahboubeh Jafari

Volume 2, Issue 7 , July 2013, , Pages 75-101

Abstract
    This study investigates the impact of oil price volatility on macroeconomic variables such as investment, unemployment and production based on quarterly data during the period 1386:4-1369:1. To achieve this, permanent and transitory volatility of OPEC oil price estimated by component GARCH model ...  Read More

The Asymmetric Effects of Oil Revenue Shocks on Output in Iran Using Markov - Switching Approach

firouz Fallahi; Mohsen PourabdalhanQuech; Davood Bahboodi; Fakhri Sadat Mohseni Zanozi

Volume 2, Issue 7 , July 2013, , Pages 103-127

Abstract
  Oil revenues make up the major part of revenues of the oil exporting countries. So, the fluctuation of oil price is very important for these countries. This study investigates the asymmetric effects of oil shocks on output in Iran over the period of 1369:1-1386:6 using the Markov switching approach. ...  Read More